Stratoscale Secures $27M in Series C Financing

stratoscale_logoStratoscale, a Herzliya, Israel-based provider of software for the data center, secured $27m in Series C financing.

Backers included Qualcomm Incorporated, through its venture investment group, Qualcomm Ventures, and all existing investors.

The company, which has raised over $70m in funding over the past three years, intends to use the funds for global expansion.

Led by Ariel Maislos, CEO, Stratoscale provides a hardware-agnostic Software Defined Data Center (SDDC) solution that offers a holistic data center experience enabling IT to scale and develop and run business applications.
The company also began expansion throughout North America and Europe with PartnerFirst, its partner program that aims to build an ecosystem of technology and distribution partners, expanding coverage and customer service.

FinSMEs

24/03/2016

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